ED Grabs 34 Crore Assets in Ranya Rao Gold Move Case
The Enforcement Board (ED) has made a big move in a top gold move case. On July 4, 2025, the group took goods worth Rs 34.12 crore tied to Kannada star Ranya Rao and her team. This act, thus, marks a big step in stopping bad gold deals and cash washing in India. The case has got eyes due to Raos said ties to Karnataka Home Boss G Parameshwara. For this, the look into it has made many all over the nation want to know more.
The EDs look into it began after Ranya Rao got caught at Bengalurus airport on March 3, 2025. Customs folks found 14.2 kg of pure gold, worth Rs 12.56 crore, with her. As a result, the group looked more, finding a bigger move net. The check showed that the full bad cash hit Rs 55.62 crore, with Rs 38.32 crore found through bad money moves and fake customs say-so. So, the ED set holds on goods to block hiding of bad cash.
What Goods Were Grabbed?The ED aimed four big goods owned by Ranya Rao. These are:
A big house in Victoria Layout, Bengaluru.A house spot in Arkavathi Layout, Bengaluru.Work land in Tumkur Zone.Farm land in Anekal Zone.
All these goods are worth Rs 34.12 crore. Also, a look in Raos house found Rs 2.67 crore in cash and gold things worth Rs 2.06 crore. The group, thus, acted under the money wash law (PMLA) to keep these goods and stop more washing.
The Bigger View: A Gold Move TeamThe look into it showed a well-run gold move job. Ranya Rao, with folks like Tarun Konduru Raju, said to work with sellers in Dubai and Uganda. For one, they used bad money moves to pay cash, not using true money ways. Also, fake customs say-so in Dubai wrongly showed gold going to Switzerland or the US, when it was truly going to India.
Digital proof was key in the case. The ED found bills, export say-so, and talks on Raos phone, showing her part in it. Though Rao said she knew nothing of the moved gold, her words did not stand against the proof. As a result, the look into it has now grown to add big business folks, rulers, and maybe workers who may have helped the team.
Rulers Links Stir TalksThe case turned big when Ranya Rao said ties to Karnataka Home Boss G Parameshwara. In May 2025, the ED looked in 16 spots, counting two trusts tied to Parameshwara. These trusts are said to have paid Rs 40 lakh for Raos card bills and more costs. So, the look into it moved from Bengaluru to Delhi, showing its big mix. Yet, Karnataka Boss D.K. Shivakumar said that while Parameshwara may have given money to Rao, he did not push her to move gold.
Why Gold Move is BadGold move is a big problem in India. The land brings in much gold, and bad deals hurt the money world. In 2019-20, Kerala alone saw 540 kg of moved gold grabbed, more than 251 kg the year before. This shows how wide the problem is. Move folks often use bad money moves to shift cash, making it hard to track. So, groups like the ED, Customs, and the CBI are hitting such works hard.
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Whats Next for the Case?The ED is not done yet. The group is still after the left bad cash, thought to be Rs 21.5 crore. They are also looking at other people and groups in the team. The part of workers at airports is also being checked. Also, Raos mom has asked the Karnataka High Court, fighting her hold under the COFEPOSA Act. The court will hear the case on July 23, 2025.
Seeing the SeizureBelow is a list of the grabbed goods:
Asset TypeSpotValue (Rs Crore)
Big HouseVictoria Layout, Bengaluru15.00
House SpotArkavathi Layout, Bengaluru8.00
Work LandTumkur Zone7.12
Farm LandAnekal Zone4.00
Total
34.12
Graph: Asset Value ListNote: The graph above is made right for both phone and desk views, making sure it’s clear and easy to get to.
Why This News Matters to YouThis case shows the fight against bad trade and wrong acts. It shows how groups like the ED work to keep the money world safe. Also, it raises big questions about who must answer for acts, mainly when big names are in it. For readers in India and the USA, this story links to wider points of cash crime and leading. By knowing more, you can better see the systems that keep our money worlds safe.
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